Nov 12, 2012 10:00am PST
worked for ronald reagan. what you want, you should tax. what you don't want as a society, what you don't want is a society, rather, you should tax and what you do want you should subsidize. my god, if there's anything we should be subsidizing, it's medical devices and research and medicine and science. and here is the administration coming with a 2.3% tax on companies, many of which are not profitable. shannon: yeah. and that's just one of many, many taxes tucked into the bill, but, of course, more than 3,000 pages and most members of congress admitted they didn't read it. it's good to see you, thank you so much for weighing in. >>> the resignation of the nation's spy chief has the pentagon releasing its version of events of the terror attacks in libya that left four americans dead. we're going to show you that timeline. and what looks like a joke is growing bigger. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from cam
Nov 12, 2012 10:00am PST
cracking around ronald reagan's feet, the first time he raised taxes. i remember when he said that. >> yes, exactly. well, i think the speaker, i think, is setting the tone, as you saw on the front page, above the fold in "the washington post," you know. call his caucus to task, saying he's got to get the nation's business done. and i think what he said implicitly and probably directly behind the door is, trust me on this. you know, i get it. i understand what we need to do. we're not going to sacrifice our principles and values, but we've got to get the nation's business done. and then when we have a bill kristol coming out and saying, you know, they're all rich guys who live out in hollywood. we can raise their taxes. what an 180-degree turn. >> they're not the small business men. >> you'll probably note this, what an election will do. winning and losing has a consequence. and i think for a lot of republicans right now, given where we were two years ago versus where we are right now, you realize, hey, we're going to have to deal. we're going to have to deal. >> what about the president?
Nov 16, 2012 6:00am PST
, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will both come in with their sides, their positions. there will be some sort of testing of the waters. we will see how responses are afterwards. we'll see aggressive play. then you will see which side starts giving in. we'll be following that in the next couple weeks. but obama has made it very clear, he believes he has a mandate but he really doesn't. he only got barely over 50% of the vote. reagan got 59% of the vote in his second term. the nixon won everything except massachusetts. so this is by no means a mandate. republicans still control the house. bill: let me be a little more specific on my question. are these negotia